 "SI Reporter")
SI Reporter
SI Reporter
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Page 449 - Si Reporter
Easing inflaton lifts Sensex 742 pts, Nifty atop 19,650; Realty, IT lead
Closing Bell on November 15, 2023: Tech M, Wipro, Tata Steel, Infosys, Tata Motors, JSW Steel, TCS, Reliance Industries, Axis Bank, ITC, HCL Tech, and HDFC Bank were top Sensex gainers
 "Easing inflaton lifts Sensex 742 pts, Nifty atop 19,650; Realty, IT lead")
Sensex drops 326 pts, Nifty below 19,450; PSBs, metals rally, IT sinks
Closing Bell on November 13, 2023: SBI Life, Bajaj Finance, Grasim, Infosys, Nestle India, Apollo Hospitals, Tech M, ICICI Bank, and HDFC Bank were the top laggards
 "Sensex drops 326 pts, Nifty below 19,450; PSBs, metals rally, IT sinks")
This PSU co joins Rs 1-trillion m-cap club; zooms 127% in so far in 2023
Thus far in the calendar year 2023 (CY23), the stock price of PFC has zoomed 127 per cent on strong business performance and healthy outlook
 "This PSU co joins Rs 1-trillion m-cap club; zooms 127% in so far in 2023")
Torrent Power jumps 6% to fresh high; soars 92% from January's 52-week low
The net profit growth came on the back of increased contribution from merchant power sales in gas-based power plants, from licensed distribution businesses, higher contribution from renewable business
 "Torrent Power jumps 6% to fresh high; soars 92% from January's 52-week low")
Dilip Buildcon soars 7%, hits 52-week high on heavy volumes
The management said the road ahead for the infrastructure segment looks steady and poised to grow, and the company is well-positioned and perfectly equipped to capitalise on this opportunity.
 "Dilip Buildcon soars 7%, hits 52-week high on heavy volumes")
Protean eGov Technologies makes quiet debut, lists at par with issue price
Post listing, the stock moved higher to Rs 823, a premium of 4 per cent over its issue price of Rs 792 per share on the BSE.
 "Protean eGov Technologies makes quiet debut, lists at par with issue price")
Aurobindo Pharma hits 52-week high, jumps nearly 4% in a weak market
The stock has been one of the top out-performers so far this month, and gained a whopping 18.5 per cent.
 "Aurobindo Pharma hits 52-week high, jumps nearly 4% in a weak market")
Muhurat Trading 2023: Sensex gains 355 pts on 1st session of Samvat 2080
Muhurat Trading on Diwali, November 12, 2023: Sensex, Nifty clock their second-best Muhurat trading gains in five years. Besides, it was their third-best Muhurat trading gain in 15 years
 "Muhurat Trading 2023: Sensex gains 355 pts on 1st session of Samvat 2080")
BSE shares soar 8%, hit record high on 4x jump in Q2 profit
The board of directors of BSE has approved the fund infusion of Rs 22.36 crores in India India INX and Rs 33.88 crore in India International Exchange (IFSC)
 "BSE shares soar 8%, hit record high on 4x jump in Q2 profit")
Biocon jumps 4% on the back of strong Q2 performance
The stock had shed 16 per cent in Samvat 2079. So far in 2023, the stock has declined 9 per cent as against a near 7 per cent gain on the BSE benchmark.
 "Biocon jumps 4% on the back of strong Q2 performance")
ONGC hits life-time high; up 2% after posting 142% surge in Q2 net profit
The stock had surged 47 per cent in Samvat 2079. So far in the calendar year 2080, the stock has rallied 41 per cent as against a near 7 per cent gain on the BSE Sensex.
 "ONGC hits life-time high; up 2% after posting 142% surge in Q2 net profit")
Fag-end buying in pvt banks, RIL help lift Sensex 72 pts, Nifty atop 19,400
Closing Bell on November 10, 2023: Among sectors, the Nifty Media index fell 1.2 per cent, followed by the Nifty Auto index (down 0.35 per cent)
 "Fag-end buying in pvt banks, RIL help lift Sensex 72 pts, Nifty atop 19,400")
Stock of this personal care products company has zoomed 103% in 1 month
Shares of Cupid were locked in the 10-per cent upper circuit at Rs 818 on the BSE on Friday at 02:12 PM
 "Stock of this personal care products company has zoomed 103% in 1 month")
Hindustan Aeronautics hits new peak, up 4% on signing pact with Airbus
HALand Airbus have signed a contract for establishing Repair and Overhaul (MRO) facilities for A-320 family of aircrafts.
 "Hindustan Aeronautics hits new peak, up 4% on signing pact with Airbus")
ESAF Small Finance Bank makes strong debut, lists at 20% premium
At 10:01 AM, ESAF SFB was quoting at Rs 73.65, 23 per cent higher over its issue price of Rs 60
 "ESAF Small Finance Bank makes strong debut, lists at 20% premium")
Campus Activewear tanks 10%; hits new low on weak Q2 results
The company experienced subdued performance amid reduced sales volumes during the quarter due to a difficult macro-economic environment and some channel inventory correction, the management said.
 "Campus Activewear tanks 10%; hits new low on weak Q2 results")
Neuland Labs surges 36% in 4 days on robust Q2 results; up 270% in 9 months
The EBITDA margin improvement of 980 bps points to 33.4 per cent is a result of not only the revenue momentum but also a shift towards high margin business, the management said.
 "Neuland Labs surges 36% in 4 days on robust Q2 results; up 270% in 9 months")
MTAR Tech tanks 12% as company cuts FY24 revenue, Ebitda guidance
The company cut guidance due to deferment of shipment plans against the confirmed orders from Clean Energy
 "MTAR Tech tanks 12% as company cuts FY24 revenue, Ebitda guidance")
Eris up 8% as it plans to acquire nephro, derma units of Biocon Biologics
The deal consideration is Rs 366 crore inclusive of working capital, and will be funded partly through debt financing
 "Eris up 8% as it plans to acquire nephro, derma units of Biocon Biologics")
Stock of this iron & steel company zoomed 130% in 7 months; hits 15-yr high
Welspun Corp surged 7 per cent to Rs 489.30 on the BSE, its highest level since February 200